Shlomi Lavi /
Mar 09, 2022
We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn more by reading our advertiser disclosure.
Bottom Line: Which is Better - Workday Adaptive Planning or XLReporting?
Workday Adaptive Planning is more expensive to implement (TCO) than XLReporting, Workday Adaptive Planning is rated higher (94/100) than XLReporting (80/100). Workday Adaptive Planning offers more features (15) to their users than XLReporting (5).
Looking for the right Budgeting & CPM solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:
How Adaptive Planning compares with XLReporting?
Adaptive Planning: Adaptive Planning delivers an on-demand Corporate Performance Management (CPM) solution to over 1,500 clients and 50,000 users worldwide. Adaptive Planning provides powerful, easy-to-use, universally accessible software without the exorbitant costs or lengthy installations associated with enterprise performance management packages. No new hardware,...
XLReporting: We are a small team of finance and IT experts, specialized in financial reporting and planning processes.
Lots of companies depend on complex and fragile Excel solutions for their reporting, consolidation, and budgeting. We help our clients to move away from that by providing them with powerful, flexible, and robust solutions.
We developed XLRep...
Who's more expensive? Workday Adaptive Planning or XLReporting?
The real total cost of ownership (TCO) of Budgeting & CPM software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for Workday Adaptive Planning and XLReporting.
Workday Adaptive Planning price starts at $15,000 per license , on a scale between 1 to 10 Adaptive Insights is rated 8, which is higher than the average cost of Budgeting & CPM software. XLReporting price starts at $599 per month , when comparing XLReporting to their competitors, the software is rated 2 - much lower than the average Budgeting & CPM software cost.
Bottom line: Workday Adaptive Planning is more expensive than XLReporting.
Which software includes more/better features?
As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Workday Adaptive Planning Vs. XLReporting based on some of the most important and required Budgeting & CPM features. Workday Adaptive Planning: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting, Performance Measurements, Predictive-Analysis, Profit Analysis. XLReporting: Version Control, Budgeting & Forecasting, Financial reporting, Capital Asset Planning, Forecasting.
Target customer size
Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning. The typical clients utilizing XLReporting are those belonging to the small (with 10 – 100 employees) to medium-sized (with 100 to 1,000 employees) enterprises that make use of the services offered by the IT sector, data hosting and other related information services, particularly in the field of visual analytics and business intelligence.